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Heat vs. Jazz: O/U 232.5

4 of 10 top Polymarket traders hold Under (40%) · Under at 79¢ · $2K held · ended Nov 11

Over22¢Under78¢Ended Wed, Nov 11, 2026View on Polymarket
SIGNAL

⚠️

Avoid

Under

Consensus Traders

10

Under 40%

Total Value

$1.8K

Combined PnL

$179.89

Smart Money Entry

53.6¢ → 78.5¢

+46% since entry · 4 traders

Research grade

AvoidUnder at 79%

Matches a pattern that lost clearly more than the plain consensus in our tests.

  • BasketballFull year, out of sample: basketball lost −4.8 % a trade (n 1,747, 95 % CI −9.2 to +0.3); Oct 22 backtest: −12.0 % and −9.2 % in its two windows.
  • Spread or totalOct 22 backtest: spreads and totals −14.5 % a trade in spring (95 % CI −27 to −1), +1.5 % in October: no edge.
  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
  • Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.

The rules come from our Oct 22 2026 backtest (one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees). Our full-year test without hindsight (Oct 26 2026) found none of them profitable out of sample, and the plain consensus lost −3.0 % a trade. The grade describes the market; it is not a forecast, not an edge and not advice.

Smart Money Signal

Under

4 of 10 top traders (40%)6 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Over22%
Under79%

Smart Money Breakdown by Outcome

Under4 traders
Total Value$1.4K
Total Shares1,760
Combined PnL+$362.59
Over6 traders
Total Value$375.14
Total Shares1,105
Combined PnL-$182.7
Under — 40%Over — 60%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

4 traders

Top 2 hold 98%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

40% of non-arb traders are on Under. Concentration is driven by the top two positions owning 98% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (1 on Under) and the top 1000 (10 on Over) disagree here.
ctrOver 100% · 3
Diverging
Hand-pickedUnder 100% · 1
Aligned
Top 1000Over 60% · 10
Diverging

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EV Calculator

Consensus % is how many tracked traders hold a side, not a win probability.

Break-even chance80.3%

78.5¢ price + 1.0¢ spread + 0.8¢ fee (Sports 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$24.51
Max Loss
-$100.00
Shares
124.5

A market order pays the taker fee and crosses the spread (assumed 1.0¢); a limit order pays no fee but may not fill. The fee category is a guess from the title.

Market Info

Condition ID
0x053e9429...f8e4d6
Slug
nba-mia-uta-2026-11-10-total-232pt5
Trade on Polymarket